Stock Analysis

Toread Holdings Group Third Quarter 2024 Earnings: EPS: CN¥0.019 (vs CN¥0.028 in 3Q 2023)

SZSE:300005
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Toread Holdings Group (SZSE:300005) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥399.3m (up 6.5% from 3Q 2023).
  • Net income: CN¥16.2m (down 34% from 3Q 2023).
  • Profit margin: 4.1% (down from 6.5% in 3Q 2023).
  • EPS: CN¥0.019 (down from CN¥0.028 in 3Q 2023).
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SZSE:300005 Earnings and Revenue Growth October 31st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Toread Holdings Group Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Leisure industry in China.

Performance of the Chinese Leisure industry.

The company's shares are up 4.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Toread Holdings Group you should be aware of, and 1 of them shouldn't be ignored.

Valuation is complex, but we're here to simplify it.

Discover if Toread Holdings Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.